January 11, 2021

Competition

How will technology help in competitive examinationsedit

The Times of India – Mumbai

One of the innovative features that can enhance the CBT model is remote proctoring of exams. This method not only adds to the convenience of students and exam conducting authorities but also prevents students from using unfair means during the exam. (UPGRAD, BYJU’S)

This K-12 coding startup enrolled 2.5 lakh students in less than 10 months with affordable coursesedit

Your Story – Online Web

Shortly after, a plethora of K-12 coding startups gained ground: Tekie, CodeYoung, Codingal, Coding Ninjas, Codevidhya, Dcoder, CodeMonkey, Camp K12, LeapLearner, Tinkerly, Masai School, among others. Even generalist edtech players like Toppr, Vedantu, Unacademy (that acquired Codechef in June), and others have now started offering coding classes.

Investors continue to support consumer internet companiesedit

The Financial Express Nation Scoop News Deal The Spuzz News con World News Era Introduce Startups Visit Udhampur – Online Web

Ed-tech player Byju’s alone secured more than $1 billion from investors; Unacademy, Eruditus and Vedantu collectively bagged over $500 million in funding. More than 10 start-ups across sectors ranging from beauty to payments turned unicorn in 2020 against nine in 2019.

India’s unicorn base six times smaller than that of US, China even as it remains third largest globallyedit

The Financial Express – Online Web

However, the fall in annual deal volume or the number of rounds was less severe as startups participated in 1,152 funding rounds in 2020 vis-à-vis 1,185 in 2019. The investments in 2020 were led by $800 million raised by Byju’s followed by $700 million secured by Walmart’s PhonePe, and $660 million invested in Zomato across multiple rounds.

Industry

A new vision for legal education in Indiaedit

Hindustan Times – Delhi Hindustan Times – Mumbai

Last, the elephant in the room must be addressed. The Bar Council has too many functions — law reform, disciplining lawyers, setting standards — to do justice to a full-time job like legal education.

7 Tips to Enter a New Market and Experience Rapid Growthedit

Entrepreneur – Online Web

According to HolonIQ, the global EdTech market is growing at 16.3% and will grow 2.5x from 2019 to 2025, reaching a total of $404B in global expenditure. On top of that, it is expected that more than 100 education companies will have market caps over $1B by 2025.

How Chennai startup SkillLync is giving engineering grads the edge they so sorely lack todayedit

Edexlive – Online Web

What can be done is to base the coursework around what people actually do in the industry, says Suryanarayanan. This is what prompted the duo to develop their EdTech platform SkillLync, which focuses on imparting industry-relevant skills to engineers.

Budget should focus on tech adoption to boost online education: Deshpandeedit

The Hindu Business Line – Online Web

Education rising on the digital learning curve With regard to tech adoption, we definitely need to address related infrastructural issues primarily related to online education delivery to schools in semi-urban and rural India.

Why new Indian startups should explore International marketsedit

Kr Asia – Online Web

With the ongoing pandemic and e-learning becoming the new normal, Byju’s is reaping the benefits with over 57 million students on its platform and eyeing overseas expansion in six new countries — UK, Australia, New Zealand, Singapore, and Germany with White Hat Jr to provide quality education across the globe.

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